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<br />IN WITNESS WHEREOF, Licensor and Licensees have executed <br />this License and Indemnification Agreement on the date and year <br />first above written. <br /> <br />LICENSOR: <br /> <br />REDWOOD SHORES PROPERTIES, <br />a California joint venture <br />general partnership <br /> <br />By: <br /> <br />KG SHORES CORPORATION, <br />a California corporation, <br />a General part~ <br /> <br />B~ t;g L/Ll~ <br />Katsumi ayakawa <br />President <br /> <br />By: <br /> <br />KG PENINSULA SHORES CORPORATION, <br />a California corporation, <br />a General Par n r <br /> <br /> <br />LICENSEES: <br /> <br />M.J. BROCK & SONS, INC., <br />a Delaware corporation, <br />doing business as <br />Ryland Homes Bay Area Division <br /> <br /> <br />THE CITY OF <br />a municipal <br /> <br /> <br />By: <br />Its: <br /> <br />E:\RE\70140\O62\LICENSE4.WPD <br /> <br />14 <br />